Summary In 2020, Great Wall unveiled plans to invest $1 bln in India Part of the $1 bln being re-allocated to Brazil -sources Firm close to buying plant in Brazil amid global push -sources Great Wall committed to India but cautious over delays -sources NEW DELHI/BEIJING, Aug 11 […]
New Delhi, Jul 14: The country’s largest carmaker Maruti Suzuki India (MSI) is planning to invest around Rs 18,000 crore on a new manufacturing facility in Haryana, as per a top company official. The new plant would replace the company’s Gurugram-based facility and is expected to have an installed […]
A global shortage of semiconductors is hitting autos production in China, jeopardising hopes the world’s biggest car market might spearhead a recovery in the sector, industry executives warn. Automakers around the world have had to adjust assembly lines due to the shortages, caused by manufacturing delays that some […]
NEW DELHI – Days after a border clash with China this month in which 20 Indian soldiers were killed, New Delhi told firms to find ways to cut imports from China. But two big industries, automobiles and pharmaceuticals, say this is easier said than done. Like many countries, […]
NEW DELHI – India will press ahead with its biennial auto show this week with local staff replacing representatives of Chinese automakers that will showcase cutting-edge electric vehicles and connected cars despite travel disruption from the caronavirus outbreak. With the death toll from the virus outbreak in China […]
Luxury German carmaker BMW on Friday said it would build fully electric models of its Mini cars at a new plant in China, as it kicked off a joint venture with Chinese partner Great Wall Motor. Some 160,000 cars a year are set to roll off the assembly […]
NEW DELHI – India’s passenger vehicles sales are set to fall for a tenth consecutive month in August, forcing analysts to slash their 2019 sales forecasts and strengthening the automakers’ case for tax cuts to boost demand. Sales data from India’s top six car makers, including Suzuki Motor […]
US authorities said Monday that they have opened two separate investigations into automakers Kia and Hyundai after receiving more than 3,100 complaints of “non-crash fires” affecting vehicles from both manufacturers. The incidents are linked to one death and more than 100 injuries to date, according to the National […]
FRANKFURT, Germany — Carmakers are hoping to give consumers a glimpse of the future at this year’s Geneva auto show as they roll out new electric cars and try to re-energize an industry facing serious challenges on several fronts. The Geneva International Motor Show is taking place against […]
DETROIT — SUVs and a big pickup truck will get top billing at Detroit’s auto show this year, but there are some surprise sports cars and electric vehicles on the agenda. Press days for the show begin Monday, although there are a couple of unveils set for before […]
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